200 S Colorado St - Drug Store FOR SALE
Lockhart, TX 78644 |
200 S Colorado St
Lockhart, TX 78644
HIGHLIGHTS
- Rare Limited Competition - The closest CVS or Walgreens is over 25 minutes away giving this location a dominant share of the market
- Long-Term, Absolute NNN, Corporate Lease with Zero Landlord Responsibilities – Allows an investor the opportunity to acquire a NNN asset on a truly pa
- Pandemic Proof Tenant – Walgreens has been designated an “Essential Business” and must stay open for the public good
- Investment Grade Tenant – Walgreens is ranked 19th on the Fortune 100 List, has a BBB Credit Rating from Moody’s, and operates the largest drug retail
- Strong Reported Store Sales Dynamic Population Growth – Lockhart, TX is currently growing at a rate of 2.34% annually which far exceeds the national p
- Texas has NO State Income Tax
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Walgreens
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Drug Store
TOTAL BUILDING SIZE
14820
STORIES
1
YEAR BUILT
1997
SPRINKLERS
-
PARKING SPACES
65
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
-
